Crypto company Amber Group has just announced through a press release it has created a US subsidiary that will be led by former Goldman Sachs managing director Cactus Raazi.
Notably, Raazi has worked in Goldman Sachs’ New York and London offices, then headed the firm’s European lending department. Later, he headed the sales department of Japanese broker Nomura as well as the credit department of securities trading platform Tradeweb.
Amber Group CEO Michael Wu said:
“Raazi has extensive leadership experience with an emphasis on successful business development. I am confident that he will help drive Amber Group’s revenues in the United States, a country with one of the most challenging regulatory environments.”
Amber Group has been operating in the crypto market since 2017. The company offers institutional and individual clients asset and liquidity management services, as well as investment products with returns of up to 16% per annum.
Amber Group currently has 14 divisions, including offices in Europe, Latin America, Asia and Africa.
On December 20, the company announced the launch of the WhaleFin platform, which allows users to earn money with crypto transactions, deposits and loans.